ICIS analyst Kojo Orgle said the prolonged Strait of Hormuz disruption is squeezing crude oil, natural gas and LNG markets even as prices have recently retreated.
Severely constrained commercial shipping through the chokepoint has disrupted trade flows and exposed how vulnerable global energy markets remain to supply shocks.
Orgle argued investors are underpricing ongoing supply tightness because optimism about diplomacy has overshadowed refinery constraints and physical market stress.
The discussion pointed to US energy exports, LNG infrastructure and Canada’s heavy crude supply as increasingly important buffers as energy security rises as an investment theme.